Fuelcell Energy Inc’s Market Journey: Closing Strong at 0.64, Up 0.08

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The closing price of Fuelcell Energy Inc (NASDAQ: FCEL) was $0.64 for the day, up 0.08% from the previous closing price of $0.64. In other words, the price has increased by $0.08 from its previous closing price. On the day, 52.38 million shares were traded. FCEL stock price reached its highest trading level at $0.6648 during the session, while it also had its lowest trading level at $0.6131.

Ratios:

Our analysis of FCEL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.80 and its Current Ratio is at 6.55. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.18.

On December 14, 2022, UBS started tracking the stock assigning a Neutral rating and target price of $3.85.

On October 19, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $3.Jefferies initiated its Hold rating on October 19, 2022, with a $3 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FCEL now has a Market Capitalization of 317513632 and an Enterprise Value of 280906432. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.65 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 3.226 whereas that against EBITDA is -2.159.

Stock Price History:

Over the past 52 weeks, FCEL has reached a high of $2.54, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -24.27%, while the 200-Day Moving Average is calculated to be -44.06%.

Shares Statistics:

FCEL traded an average of 43.44M shares per day over the past three months and 49494830 shares per day over the past ten days. A total of 497.05M shares are outstanding, with a floating share count of 495.27M. Insiders hold about 0.35% of the company’s shares, while institutions hold 39.25% stake in the company. Shares short for FCEL as of 1718323200 were 109576513 with a Short Ratio of 2.52, compared to 1715731200 on 101884162. Therefore, it implies a Short% of Shares Outstanding of 109576513 and a Short% of Float of 22.12.

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